Does Waves Have Strength for Another Upward Move?

Share Article
In Brief
  • Waves has likely begun a long-term upward move.

  • The price is facing resistance and support at 32,400 and 26,400 satoshis, respectively.

  • Waves is likely in wave 4 of a 5 wave Elliott formation.

  • promo

    Want to learn how to trade? Get a beginners guide from _BeInCrypto Academy_ now!

The Trust Project is an international consortium of news organizations building standards of transparency.
The Waves (WAVES) price has likely begun an upward move. However, the price should correct in the short-term before resuming its upward move. Long-Term Upward Move The Waves price had been consolidating near the 10,000 satoshi level for almost a year, in the period between July 2019 - 2020. The price initiated an upward move that took place via a bullish engulfing candlestick during

BeInCrypto Premium - Register for FREE now.

BeInCrypto Premium - Register for FREE now.

Upgrade to continue reading

Register Now!
Share Article

Valdrin is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets at the Barcelona Graduate School of Economics he began working at the Ministry of Economic Development in his native country of Kosovo. In 2019, he decided to focus full-time on cryptocurrencies and trading.

Follow Author

Daily signals, Bitcoin analytics and traders chat. Join our Telegram today!

Let’s Go

What are Crypto Wallets? Everything You Need to Know

Learn now